How To Register Business Company

After starting your business operations you are required by law to register for an income tax reference number from the exchequer within 60 days.

How to register business company. Corporations will need an articles of incorporation document which includes your business name business purpose corporate structure stock details and other information about your company. There s a different way to register for corporation tax if you ve. Decide whether your company will be proprietary or public. Use this service to register your company with companies house. The government will tax partners in the business depending on the share of ownership.

Understand your legal obligations. Registering a business name is usually part of the process of registering separate entities like llcs and corporations. You will be registered for corporation tax at the same time. You can register your company and other key business registrations through the business registration service. To legalize your small business apply for the right business permits and licenses from your local authority.

Restoring your company to the register. There are many advantages to registering your business including being able to open bank accounts for your business securing your business name and enjoying protection under the law. If you have failed to re register by 30 june 2011 you will be required to apply for a restoration of the company along with a sbd 1 000 fee if you are a director shareholder liquidator or an agent for the company. A new limited company must get approval from companies house of any name that s proposed. Failure to register your business could expose you to liabilities arising from the use of a business name owned by someone else and loss of business due to confusion.

Before you register make sure you. Most states require you to register with the secretary of state s office a business bureau or a business agency. There are a number of rules governing what can be chosen as a company name when you register a new company the most important being that it s different from any company that already exists. Choose a company name.